πŸ“Š Shutdown Delays Key Inflation Data

Hi everyone, here is your πŸ“Š Daily Trade.

Here's what's happening today:

🏒 Plymouth REIT to be acquired for $2.1 billion
πŸ”’ U.S. inflation data delayed due to government shutdown
πŸ“Š Inflation rises but less than expected last month
πŸ’΅ Social Security COLA announced at 2.8% for 2026
🍺 Boston Beer raises EPS guidance amid margin gains
🎁 +8 more stories you might like
🏒 Plymouth Industrial REIT Agrees to $2.1 Billion Acquisition Link
  • Plymouth Industrial REIT will be acquired by Makarora in a $2.1 billion all-cash deal.
  • The acquisition price represents a 50% premium over Plymouth's recent stock price.
  • The transaction is expected to conclude in early 2026, pending shareholder and regulatory approvals.
πŸ”’ Government Shutdown Delays October Inflation Data Release Link
  • The U.S. government shutdown has halted the release of October's inflation data.
  • The Bureau of Labor Statistics cannot collect or publish data during the shutdown.
  • Analysts express concerns over the impact of missing economic data on market surveillance.
πŸ“Š U.S. Inflation Remains High but Slows in September Link
  • Consumer prices rose 3% in September, slightly below expectations.
  • Gas prices surged, while rent and service costs showed signs of cooling.
  • The Federal Reserve may consider interest rate cuts as inflation remains above target.
πŸ’΅ AARP Responds to Social Security COLA Announcement Link
  • AARP emphasizes the importance of Social Security's 2.8% COLA for 2026.
  • The COLA adjustment will provide an average increase of $56 per month.
  • AARP advocates for bipartisan efforts to ensure Social Security's long-term sustainability.
🍺 Boston Beer Raises Earnings Guidance Amid Strong Margins Link
  • Boston Beer increased its 2025 EPS guidance to $7.80-$9.80.
  • Margin improvements and strategic advertising drive the company's outlook.
  • The company focuses on innovation and market expansion to sustain growth.

Other news & articles you might like

  • 🏦 First Hawaiian expects flat loan balances by year-end (Link)
  • πŸ‡―πŸ‡΅ Trump to promote investments in Japan and South Korea (Link)
  • 🏨 East Bay hotel foreclosed amid market struggles (Link)
  • πŸš— GM lays off over 200 workers in cost-cutting move (Link)
  • βš–οΈ Investigation into Core Scientific's proposed sale (Link)
  • 🌱 Buffalo Biodiesel announces $300M growth partnership (Link)
  • 🌊 Wright Flood to acquire Poulton Associates' assets (Link)
  • πŸ“ˆ Texas Capital's profit margin surges to 24.6% (Link)

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